7 Sectors to Attract FDI for India

Bangalore: Amid all uncertain global economic climates, foreign investors anticipate India as an attractive investment option. According to the Ernst and Young’s 2012 India Attractiveness Survey, international investors have a keen interest in Indian market. Foreign companies are persuaded about India’s growth and anticipate it as a good investment destination. Yahoo has jotted some of the prime sectors which are more prone to attract FDI for India.

“The move to increase FDI caps in these sectors will help mobilize capital into these sectors, which the country needs and would also improve the current account deficit situation, which was becoming alarming”, says Chandrajit Banerjee, Director-General, Confederation of Indian Industries, as quoted by Rediff.

1. Infrastructure

In 2011, the number of FDI projects in infrastructure sector in India grew by 90 percent, which contributes 4 percent to the entire FDI projects and 9 percent of the total jobs created due to FDI. Government of India plans to increase its infrastructure by spending U.S. $1 trillion by 2017, which is only U.S. $500 billion now. “The government now needs to follow up these reforms by resolving actual implementation bottlenecks on the ground - especially as they relate to the infrastructure sector”, adds Banerjee.

2:
If any customer of any commodity is not happy with what he/she purchased is not moneys worth,they never buy that particular commodity,even on any imrovement on the commodity,that is to say the Brand Image is lost for ever.

3:
Yes, FDI is right decision in Retail, infrastructure, Aviation and in insurance sector. But government should required allowed FDI in retail with some restriction. All these decision is too late when our country economies have got paralysis. And what are the circumstance in which government have to take this decision when colgate scam is going. What government want to divert public focus from hot issues.